Bragg Gaming Group (BRAG)

• Market cap: $86.5M
• 1 day: 0.58%
• 5 days: -2.26%
• 1 month: 6.13%
• 3 months: -33.33%
• 6 months: -37.77%
• Year to date: -33.20%
• 1 year: -31.21%
• 5 years: -66.08%
• 10 years: -66.08%

About: Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, United States, Croatia, and other regions.

Employees: 466

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

273% more call options, than puts

Call options by funds: $615K | Put options by funds: $165K

0.97% less ownership

Funds ownership: 4.9% [Q2] → 3.93% (-0.97%) [Q3]

22% less funds holding

Funds holding: 23 [Q2] → 18 (-5) [Q3]

27% less capital invested

Capital invested by funds: $6.73M [Q2] → $4.94M (-$1.8M) [Q3]

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $7 102% upside
• Avg. target: $7 102% upside
• High target: $7 102% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

JMP Securities Jordan Bender 37% 1-year accuracy 22 / 59 met price target

102% upside $7

Market Outperform Reiterated

14 Oct 2024